XDOC vs. PJUL

Last updated Jun 4, 2026

XDOC (Innovator U.S. Equity Accelerated ETF - October) and PJUL (Innovator U.S. Equity Power Buffer ETF - July) are both exchange-traded funds - XDOC is a Options Trading fund actively managed by Innovator, while PJUL is a Defined Outcome fund tracking the Cboe S&P 500 Buffer Protect Index July. XDOC is actively managed, while PJUL is passively managed. Both charge a 0.79% expense ratio.

Performance

XDOC vs. PJUL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Innovator U.S. Equity Accelerated ETF - October (XDOC) and Innovator U.S. Equity Power Buffer ETF - July (PJUL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XDOC

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PJUL

• 1D: 0.10%
• 1M: 1.44%
• YTD: 4.74%
• 6M: 5.40%
• 1Y: 15.32%
• 3Y*: 13.95%
• 5Y*: 10.49%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

XDOC vs. PJUL - Yearly Performance Comparison

	2026 (YTD)
XDOC Innovator U.S. Equity Accelerated ETF - October	0.00%
PJUL Innovator U.S. Equity Power Buffer ETF - July	3.84%

XDOC vs. PJUL - Sectors Allocation Comparison

Sectors	XDOC	PJUL
Technology	35.4%	36.2%
Financial Services	13.3%	11.9%
Consumer Cyclical	10.7%	10.1%
Communication Services	10.6%	10.9%
Healthcare	8.7%	8.4%
Industrials	7.5%	8.1%
Consumer Defensive	4.9%	4.9%
Energy	3.0%	3.5%
Utilities	2.4%	2.3%
Real Estate	1.9%	1.9%
Basic Materials	1.6%	1.8%

Return for Risk

XDOC vs. PJUL — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PJUL

PJUL Risk / Return Rank: 87
PJUL Sharpe Ratio Rank: 83
PJUL Sortino Ratio Rank: 89
PJUL Omega Ratio Rank: 90
PJUL Calmar Ratio Rank: 81
PJUL Martin Ratio Rank: 92

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

XDOC vs. PJUL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Innovator U.S. Equity Accelerated ETF - October (XDOC) and Innovator U.S. Equity Power Buffer ETF - July (PJUL). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	XDOC	PJUL	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.73	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	1.23	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.90	—

Drawdowns

XDOC vs. PJUL - Drawdown Comparison

The maximum XDOC drawdown since its inception was 0.00%, smaller than the maximum PJUL drawdown of -18.17%. Use the drawdown chart below to compare losses from any high point for XDOC and PJUL.

Drawdown Indicators

	XDOC	PJUL	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-18.17%	+18.17%
Max Drawdown (1Y) Largest decline over 1 year	—	-3.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-10.69%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-10.69%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-1.47%	+1.47%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.66%	—

Volatility

Volatility by Period

	XDOC	PJUL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.42%	—
Volatility (6M) Calculated over the trailing 6-month period	—	3.89%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	5.66%	-5.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	8.60%	-8.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	10.03%	-10.03%

XDOC vs. PJUL - Expense Ratio Comparison

Both XDOC and PJUL have an expense ratio of 0.79%.

Dividends

XDOC vs. PJUL - Dividend Comparison

Neither XDOC nor PJUL has paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
PJUL Innovator U.S. Equity Power Buffer ETF - July	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.82%
XDOC Innovator U.S. Equity Accelerated ETF - October	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, XDOC or PJUL?

Both ETFs have the same 0.79% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XDOC or PJUL?

XDOC and PJUL have the same expense ratio: 0.79% per year.

Which ETF pays a higher dividend yield, XDOC or PJUL?

XDOC and PJUL have nearly identical dividend yields, around 0.00%.

What is the main difference between XDOC and PJUL?

XDOC is categorized as Options Trading, while PJUL is Defined Outcome.